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TRUVITY UK LTD
UNAUDITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
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TRUVITY UK LTD
CONTENTS
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Notes to the Financial Statements
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TRUVITY UK LTD
COMPANY INFORMATION
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Sanjay Maraj (resigned 30 June 2026)
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Konstantin Mashukov (resigned 31 May 2026)
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Denisz Andras Nagy (resigned 30 June 2026)
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Page 1
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TRUVITY UK LTD
DIRECTOR'S REPORT
FOR THE YEAR ENDED 31 DECEMBER 2025
The director presents his report and the financial statements for the year ended 31 December 2025.
The directors who served during the year were:
Sanjay Maraj (resigned 30 June 2026)
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Konstantin Mashukov (resigned 31 May 2026)
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Denisz Andras Nagy (resigned 30 June 2026)
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Truvity UK Ltd's principal activities consist mainly of software solutions for Self-Sovereign Identity management (SSI) that enable the creation, management, and exchange of verifiable digital credentials within applications and processes.
Director's responsibilities statement
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The director is responsible for preparing the Director's Report and the financial statements in accordance with applicable law and regulations.
Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland'. Under company law the director must not approve the financial statements unless he is satisfied that they give a true and fair view of the state of affairs of the Company and of the profit or loss of the Company for that period.
In preparing these financial statements, the director is required to:
∙select suitable accounting policies for the Company's financial statements and then apply them consistently;
∙make judgments and accounting estimates that are reasonable and prudent;
∙state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements;
∙prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Company will continue in business.
The director is responsible for keeping adequate accounting records that are sufficient to show and explain the Company's transactions and disclose with reasonable accuracy at any time the financial position of the Company and to enable him to ensure that the financial statements comply with the Companies Act 2006. He is also responsible for safeguarding the assets of the Company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Page 2
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TRUVITY UK LTD
DIRECTOR'S REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
In preparing this report, the director has taken advantage of the small companies exemptions provided by section 415A of the Companies Act 2006.
This report was approved by the board on 2 September 2026 and signed on its behalf.
Andras Mihaly Nagy
Director
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Page 3
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TRUVITY UK LTD
ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF TRUVITY UK LTD
FOR THE YEAR ENDED 31 DECEMBER 2025
You consider that the Company is exempt from an audit for the year ended 31 December 2025. You have acknowledged, on the Balance Sheet, your responsibilities for ensuring that the Company keeps adequate accounting records which comply with section 386 of the Companies Act 2006, and for preparing the financial statements which give a true and fair view of the state of affairs of the Company and of its profit or loss for the financial year.
In accordance with your instructions, we have prepared the financial statements on pages 9 from the accounting records of the Company and on the basis of information and explanations you have given to us.
We have not carried out an audit or any other review, and consequently we do not express any opinion on these financial statements.
Lighthouse Finance
Suite 2025 Unit 3a
34-35 Hatton Garden
Holborn
London
EC1N 8DX
3 September 2026
Page 4
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TRUVITY UK LTD
PROFIT AND LOSS ACCOUNT
FOR THE YEAR ENDED 31 DECEMBER 2025
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Loss for the financial year
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There was no other comprehensive income for 2025 (2024:£NIL).
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Page 5
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TRUVITY UK LTD
REGISTERED NUMBER: 13316840
BALANCE SHEET
AS AT 31 DECEMBER 2025
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Debtors: amounts falling due within one year
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Creditors: amounts falling due within one year
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Total assets less current liabilities
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Creditors: amounts falling due after more than one year
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The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.
The financial statements were approved and authorised for issue by the board and were signed on its behalf on 2 September 2026.
Page 6
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TRUVITY UK LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
The company is a private company limited by shares and registered in England and Wales. The
company's registered number and registered office address can be found on the Company Information
page.
2.Accounting policies
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Basis of preparation of financial statements
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The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The following principal accounting policies have been applied:
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting
standard.
The Directors consider that the Company will have sufficient liquid resources to enable it to meet it's
liabilities as they fall due for at least twelve months from the date of the approval of these financial
statements, or that related parties will settle the Company's liabilities on it's behalf. Accordingly the
going concern basis has been adopted in preparing these financial statements.
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Foreign currency translation
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Functional and presentation currency
The Company's functional and presentational currency is GBP.
Transactions and balances
Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.
At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.
Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.
Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Statement of Comprehensive Income within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.
Page 7
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TRUVITY UK LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
2.Accounting policies (continued)
Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.
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Cash and cash equivalents
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Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.
Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
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The average monthly number of employees, including directors, during the year was 0 (2024 - 0).
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Amounts owed by group undertakings
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Cash and cash equivalents
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Page 8
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TRUVITY UK LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
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Creditors: Amounts falling due within one year
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Amounts owed to group undertakings
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Creditors: Amounts falling due after more than one year
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Amounts owed to group undertakings
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Events after reporting date
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Subsequent to the reporting date, and before the date on which these financial statements were authorised for issue, the shareholders of the Company entered into an agreement to sell 100% of the issued share capital of the Company to PromVentures KFT. The transaction became effective on 26 June 2026, resulting in a change in ownership and ultimate controlling party of the Company. Following this transaction, Andras Mihaly Nagy became the new Ultimate Beneficial Owner (UBO) of the Company.
The share sale represents a non-adjusting event after the reporting period as the transaction occurred after the reporting date. Accordingly, no adjustments have been made to the amounts recognised in these financial statements as at 31 December 2025.
Management has assessed the impact of the change in ownership and concluded that the transaction does not affect the measurement of the Company's assets and liabilities at the reporting date. The Company will continue to operate as a going concern under its new ownership structure.
During the reporting period ending 31 December 2025, Denisz Andras Nagy was the ultimate controlling party. As disclosed in Note 8, ownership and ultimate control transferred to Andras Mihaly Nagy on 26 June 2026 following the sale of shares to PromVentures KFT.
Page 9
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